By: Amr Adel
Dubai – Mubasher: Jassim Alseddiqi, CEO of Abu Dhabi Financial Group (ADFG), said that his group is studying investment opportunities inside and outside the UAE, including shareholding of listed companies.
We are interested in investing in many markets, and we are currently evaluating good investment opportunities, Alseddiqi added.
Alseddiqi did not comment on the value of these acquisitions, however, he noted that the coming acquisitions will focus on the financial and real estate sectors.
Over the last two years, ADFG had pumped AED 500 million to purchase interests in listed firms, such as; Gulf Navigation, GFH, and Eshraq Properties.
ADFG is a group of specialised companies working in asset and investment management, focusing on the financial services, real estate, and technology sectors, as managing assets worth more than $4.7 billion.
Translated by: Mohammad Shokhba